PPP Loan information for Precon marine, inc.

$1,132,400

Precon marine, inc. was initially approved for PPP Loan of amount $1,132,400, the current approved amount is $1,132,400. The loan was approved on 04/06/2020 by The The Old Point National Bank of Phoebus reported 52 jobs and $1,132,400 was used to fund payroll.

Precon marine, inc. is Existing or more than 2 years old

PRECON MARINE, INC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PRECON MARINE, INC.

Borrower Address

1401 PRECON DR Suite 102

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-6314

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1132400.00

Current Approval Amount

1132400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-6314

CD

VA-03

Jobs Reported

52

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4200.00

Payroll Proceed

1074900.00

Mortgage Interest Proceed

0.00

Rent Proceed

53300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1139792.06

Forgiveness Date

12/15/2020

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